Business plan Minidroid About initiator of the project Talha Nasir,Abdullah,Zain Sultan,M Hammad, Students of BS-IT 3, NCBA&E we put forward the idea of an excellent entertainment tool “MINIDROID ” which will become a entertainment tool for people of all age groups . Summary Get thousands of awesome TV shows, movies, and documentaries. We are giving you everything you need to go towards live channels faster – with more content and a high-quality live video experience. Get our Cable TV services at accessible prices according to your entertainment needs. Minidroid can change your traditional TV & LCD monitor into a multimedia center by connecting the Internet. This smart TV minidroid will bring you fun and convenience with its powerful features. Market analysis The plan for the introduction of the minidroid is the market, first of all, US and other states Audience Schoolchild 10-18 years, students and adults Initially, the product will be created in United States. This will ensure that minidroid will enter the US, European and American market. The minidroid will be aimed for entertainment. Statistics The following graphs show the raise in purchase of Smart Tv in US and Europe from September to December in year 2021 100 100 80 80 60 60 40 40 20 20 0 Sep Sep Europe Oct Nov Dec Oct United States Nov Dec SWOT analysis strength 1. Large audience 2. Entertainment purpose for every she group 3. Low budget weakness Connection problem due to bad or no internet opportunities threat 1. Entry into the market of the United States, Europe and Pakistan 2. Constant introduction of new features and functions 3. Introduction of manuals for easy use 1. Refusal to purchase 2. New competitors Consumer analysis Analyzing consumers of Minidroid, we get the following data. 10 - 15 years old – average school age 16-18 years old – senior school age 18- and above Thus, we have a pattern of growing stagnation of the person's entertainment as it offers every kind of program from children to adults. From cartoon to recipes and comedy shows it's a great source of entertainment. 75% Entertainment channels 83% Informative channels 42% Educational shows 17% Cartoons Competitor analysis Analyzing entertainment and information providing tools of, we highlight the top 5 competitors. Ptcl smart tv Fact ; Made for entertainment purposes Disadvantage: Large amount of bills and requires subscription Spectrum TV Fact: Has different range of channels Disadvantage : requires timely subscription Roku Fact : built for entertainment purpose disadvantage: very high amount of bills Firestick Fact : offers vast amount of informative and entertainment channels Disadvantage: Requires subscription time to time At & t Fact : Great tool of entertainment Disadvantage : Requires subscription and has a very high amount of bills every month After conducting a detailed analysis of competitors, I can summarize. All of the above competitors have obvious disadvantages in various aspects. Minidroid will outperform all competitors in the market by an order of magnitude. Since it doesn't require time to time subscription and also the bill changes are comparitively low . Product launch • A prerequisite for the approach of developing the device and application is the highest quality approach to every single point. Therefore, we trust only professionals. Technical justification For the application to work correctly, the developers are obliged to actively monitor, control the processes on a daily basis and, in case of errors, instantly eliminate them.. Our technicians are also restricted to test out the machinery again and again to avoid glitches and to make it error free for customers Helpline number is given to contact of any problem arises in the product platform Minidroidv.com Financial plan • Development 91 00 000 • Machinery 95 00 000 • Minidroid instruments 49 00 000 • Advertising(for 1 year) 1 200 000 • Technical costs (per year) 11 00 000 Product budget 25,800,000 PKR 141,203.4 USD Budget + term ● To implement a complex project you need 91,00,000 PKR.The responsibilities of developers include: 1. Creating the device 2. Preparation of technical specifications 3. System monitoring ● Machinery It will cost upto 95,00,000 PKR ● Instruments Cost of minidroid instruments will be 49,00,000 ● Advertising The annual advertising budget will be 1,200,000 per year. ● Technical costs include: Publishing the device on the platforms per year 11,00,000 per annum Thank you! Talha Nasir Abdullah Zain Sultan M. Hammad